The best in life insurance

For the third year in a row, State Farm is the winner of the Bankrate Award for Best Term Life Insurer. State Farm received the highest customer satisfaction score in the J.D. Power 2023 Individual Life Insurance Study for the fourth year straight. When covered by the company, policyholders have the best of both worlds with State Farm’s over 19,000 local agents nationwide and easily accessible online and mobile tools to acquire quotes and file claims. Additionally, the company has several term life options and an A++ financial strength rating with AM Best.

MassMutual wins the Bankrate Award for Best Whole Life Insurance Insurer for the third year in a row due to its A++ financial strength rating from AM best and 13 rider options, which allow policyholders to tailor coverage to meet their and their family's needs. MassMutual offers high coverage capacity with a guaranteed death benefit, and because the company is mutually owned, policyholders may receive dividend payments each year. Coverage starts immediately after approval and policy information is accessible both online and via the mobile app.

Along with its top customer satisfaction score in the J.D. Power Life Insurance Study and Superior financial strength rating from AM Best, State Farm offers a conservative investing strategy that prioritizes long-term growth, adding confidence to the idea that it will be around when you need it most. Universal life insurance allows policyholders the flexibility to change benefits and premiums, and State Farm has several options to support policyholders when making changes both in-person and digitally. Its universal life policies offer two death benefit options and several optional riders for policyholders to secure coverage that fits their needs.